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SBI Cards and Payment Services 7.05% Jul 2028 NCD (INE018E08375)

CRISIL AAA Unsecured NCD

SBI Cards and Payment Services Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

7 more bonds from SBI Cards and Payment Services Limited →
Current YTM
—
No market YTM available
Coupon Rate
7.05%
Per annum
Maturity Date
28 Jul 2028
1.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
1.7 Years
Remaining to maturity

Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.

Showing last 10 trades.

Cashflow Timeline

30 Jul 2027
Interest Payment
₹7,050.00 / Bond
₹6,345.00 net of 10% TDS (est.)
28 Jul 2028
Final coupon (part period) + principal
₹1,07,011.48 / Bond
₹7,011.48 coupon + ₹1,00,000 face value

2 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 30 Jul 2025 Matures 28 Jul 2028

Key Metrics

Coupon Rate
7.05%
YTM (Annual)
—
Credit Rating
AAA
(CRISIL) · rated 31 Aug 2025, 14 months ago
Remaining Tenure
1.7 Years
Advanced metrics
Modified Duration
1.54 Yrs
Macaulay Duration
1.65 Yrs
Issue Size
₹2,000 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
1.54 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
—
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 3.15 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 7 Nov 2026
Instrument Type
NCD
Issue Date
30 Jul 2025
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

SBI Cards and Payment Services 7.05% Jul 2028 NCD is an unsecured, rated NCD issued by SBI Cards and Payment Services Limited. It pays a 7.05% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

3 actions

Agency actions on SBI Cards and Payment Services Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-09-30 CRISIL Update — — View →
2026-09-08 CRISIL Other — — View →
2026-06-25 CRISIL Update — — View →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on SBI Cards and Payment Services Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-09-30 CRISIL Update — View →
2026-09-08 CRISIL Other — View →
2026-06-25 CRISIL Update — View →
Alert me about SBI Cards and Payment Services Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2025-08-31
Rating Actions History 3 — 2026-09-30
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
BSE
Last Updated
7 Nov 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE018E08375
Issue Date
30 Jul 2025
Maturity Date
28 Jul 2028
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on SBI Cards and Payment Services 7.05% Jul 2028 NCD?

SBI Cards and Payment Services 7.05% Jul 2028 NCD carries a coupon of 7.05%, paid annual, on a face value of ₹1,00,000.

When does SBI Cards and Payment Services 7.05% Jul 2028 NCD mature?

SBI Cards and Payment Services 7.05% Jul 2028 NCD matures on 28 Jul 2028, 1.7 years from today.

What is SBI Cards and Payment Services 7.05% Jul 2028 NCD rated?

SBI Cards and Payment Services 7.05% Jul 2028 NCD is rated AAA by CRISIL (rating dated 31 Aug 2025).

Is SBI Cards and Payment Services 7.05% Jul 2028 NCD secured?

SBI Cards and Payment Services 7.05% Jul 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does SBI Cards and Payment Services 7.05% Jul 2028 NCD trade?

SBI Cards and Payment Services 7.05% Jul 2028 NCD is listed on BSE.

More Bonds from This Issuer

S
SBI Cards and Payment Services 7.85% May 2028 NCD
INE018E08334
AAA NSDL record, 2023
Coupon
7.85%
Maturity
17 May 2028
S
SBI Cards and Payment Services 9.55% Jan 2029 NCD
INE018E08144
AAA NSDL record, 2019
Coupon
9.55%
Maturity
29 Jan 2029
S
SBI Cards and Payment Services 8.99% Jun 2029 NCD
INE018E08169
AAA
Coupon
8.99%
Maturity
12 Jun 2029
S
SBI Cards and Payment Services 8.25% Jun 2032 NCD
INE018E08300
AAA NSDL record, 2022
Coupon
8.25%
Maturity
30 Jun 2032
Compare (/) Compare Bonds

Comparable NCDs maturing near 2028

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 7.05%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE916DA7TB2Kotak Mahindra Prime LimitedAAA7.05%2028-04-10
INE660A07SA2Sundaram Finance LimitedAAA NSDL record, 20257.05%2028-10-11
INE556F08LB2Small Industries Development Bank of IndiaAAA NSDL record, 20257.04%2029-02-09
INE296A07TN6Bajaj Finance LimitedAAA7.07%2028-09-21
INE282H07026Jio Credit LimitedAAA7.08%2028-05-26
INE916DA7TG1Kotak Mahindra Prime LimitedAAA7.09%2028-08-21

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